Question
30 kg of rice ‘A' is purchased for Rs 7/kg
while 28 kg of rice ‘B’ is purchased for Rs 5/kg. If the mixture of the both types of rice is sold at Rs 8/kg, then find the profit/loss incurred to the seller.Solution
Total cost price = 30 × 7 + 28 × 5 = Rs. 350
Total selling price = (30 + 28) × 8 = Rs. 464
Profit earned = 464 – 350 = Rs. 114
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